Issue Date: May 15, 2017 | Web Date: May 9, 2017
Avantor to buy lab supply firm VWR
Avantor, controlled by the private equity firm New Mountain Capital, has reached an agreement to buy VWR for $6.4 billion. The deal will create a global supplier of lab equipment, including autosamplers, office furniture, chromatography media, and reagents.
The acquisition combines Avantor, a minnow among laboratory supply firms with about $700 million in annual sales, with VWR, a whale in the industry with $4.5 billion in sales. It continues a trend of consolidation among laboratory . . .
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